Tag: Brazil

Brazil’s Renewable Energy Share Climbs to 49.1% in 2023

Brazil witnessed a substantial rise in its renewable energy sector in 2023, with renewables contributing 49.1% to the country's...

BP Explores Biofuel Expansion in Brazil, Eyes Second-Generation Ethanol and Sustainable Aviation Fuel

BP is evaluating opportunities to expand and diversify its biofuel operations in Brazil, including exploring new products like second-generation...

Equinor to Build 140-MW Solar Park at Brazilian Wind Complex Site

Equinor ASA has announced its final investment decision to construct a 140-MWp solar park, named the SdB Solar Complex,...

China’s SPIC and Recurrent Energy Launch 292MW Panati Solar Complex in Brazil

China's State Power Investment Corporation (SPIC) and Recurrent Energy LLC have jointly inaugurated the Panati solar complex, a massive...

Petrobras Partners with Rio de Janeiro Government for Offshore Wind Pilot Project

Brazil's state-run oil and gas giant, Petrobras, has entered into a protocol of intentions with the Rio de Janeiro...

BP to Acquire Bunge’s Stake in Brazilian Bioenergy Venture for $1.4 Billion

BP has announced its agreement to purchase Bunge's (BG.N) 50% stake in BP Bunge Bioenergia, a joint venture based...

Omnigen Energy Secures $45.9 Million Debt for Solar Project Expansion in Minas Gerais

Brazilian solar energy provider Omnigen Energy, backed by Appian Capital Advisory LLP, has announced securing BRL 250 million (USD...

Brazil Surpasses 30 GW Milestone in Distributed Generation, Driven by Solar Power

Brazil has achieved a significant milestone in its renewable energy journey, surpassing 30 gigawatts (GW) of distributed generation (DG)...

Brazil’s Piaui State Inks Deal for Massive 4-GW Solar Power Project

Governor Rafael Fonteles of Piaui state has formalized a memorandum of understanding (MoU) with solar company Solatio Energia to...

Copel Energia Launches 6.7-MWp Solar Park in Parana State, Brazil

Brazilian power utility Companhia Paranaense de Energia, commonly known as Copel, has announced the commissioning of a 6.7-MWp solar...

Chinese Energy Firm SPIC Makes Major Investment in Brazilian Renewables

Chinese electricity company SPIC has announced a significant investment of 780 million reais ($147.41 million) in the construction of...

Statkraft Completes Acquisition of Spanish Renewables Firm Enerfin

Norwegian renewable energy giant Statkraft has finalized its acquisition of Spanish renewables company Enerfin, marking a significant expansion of...